Cambridge machine learning business raises £1.6m from global funders

ThisWay Global, a Cambridge technology company developing a software platform powered by machine learning for the recruitment industry, has secured £1.6 million from a funding round led by Imperial Innovations Group and featuring global investors. Participants in the round also include US-based Jetstream Ventures and Grupa Pracuj, a global recruitment technology company with a dedicated investment arm for emerging HR tech companies. The funds will support the company as it expands its offering to both recruiters and directly to internal human resource departments through its US, UK and European operations. ThisWay’s platform streamlines the recruitment process by matching high-quality candidates to the most appropriate job opportunities using innovative technology and methodologies. Angela Hood, founder and CEO of ThisWay, said: “This funding will allow us to exploit the high levels of…